Quote:
Originally Posted by Rhotchkiss
I really like the way LOTG does it.
The lot by lot closing can really suck when you are interested in multiple items, but cant/dont want to buy them all, and you are battling on one only to give up and see that the other lots you were interested in are all closed. This is the benefit of the entire auction closing at once -- you dont get locked out of any specific item. That said, it sucks when an item that has gotten no love gets a final hit at 5am and/or to have to wake up at 5am to bid or protect your item. LOTG's format is a nice compromise.
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+1
Bidders get left out by getting locked out AND consignors lose some bids too… and if you don’t keep your consignors happy you won’t last long in what has become an extremely competitive AH industry